A celebrated agricultural expert, Tamani Nkhono Mvula, has hailed the passage of the Cannabis Amendment Bill of 2024 as a monumental achievement in the diversification of agricultural resources in Malawi.
According to Nkhono, this legislative stride promises to bolster the nation’s foreign exchange earnings by tapping into alternative crops beyond conventional ones.
However, Nkhono issues a cautionary note, emphasizing the need for prudence due to the contentious nature of the plant, which is widely recognized as a controlled substance and may pose social and health risks if not managed carefully.
On the contrary, Dr. Ketulo Salipila, the Director General of the Cannabis Regulatory Authority, assures that stringent regulations will be enforced to govern the industry, ensuring that all prospective entrants obtain the necessary licenses before engaging in cannabis-related activities.
Known colloquially as “Malawi Gold” in some circles, cannabis holds significant global demand, presenting a lucrative opportunity for the nation.
